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Banimmo acquired by Patronale Life

November 2018

Clients Banimmo SA/NV

Jones Day advised Banimmo SA/NV, a Belgian real estate company listed on Euronext Brussels, and Affine RE SA, its reference shareholder, in relation to the launch by Patronale Life NV of an unconditional voluntary public offer in cash on all the shares of Banimmo and, in this framework, the commitment by Affine to tender its shares in the offer. Following completion of the public offer, Patronale Life holds 60.13 percent of the shares of Banimmo.

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